Gospel For Asia

245 King St. East
Stoney Creek, ON L8G 1L9
Vice President: Vrij Lal L Raniga
Founder: Dr. Kadappilaril P. Yohannan

Website: www.gfa.ca
Charitable Reg. #: 10744 1834 RR0001
Sector: Religion
Operating Charity

Donor Accountability

Grade: D+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2012 2013 2014
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #18

Avg. Compensation $34,676

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 3
< $40k 7
Information from most recent CRA Charities Directorate filings for F2014

About Gospel For Asia:

Founded in 1978, Gospel for Asia (GFA) is a Texas-based charity founded by KP Yohannan. It works in India, Sri Lanka, Nepal, Myanmar, Bangladesh, Cambodia, Laos, China, and Thailand. Gospel for Asia supports more than 50 Bible colleges and supports graduates to found new congregations – Believers Church – and is active in humanitarian work and education.

GFA's mission is to be followers of Christ and to fulfill the Great Commission among the unreached in Asia through training, sending out and assisting qualified laborers in partnership with the Body of Christ. GFA trains and sends national missionaries to reach out into areas and to meet people who have never heard the name of Jesus Christ. GFA brings aid and hope to some of the most downtrodden people in the Eastern Hemisphere.

Gospel for Asia carries out its services through various programs such as Compassion Services, Radio in Asia, clean water, flood relief, bible colleges and children’s ministries.

Donor Advisory: In March 2016, The Toronto Star reported that Gospel for Asia Canada is the defendant in a fraud lawsuit. The lawsuit alleges that between 2007 to 2014, $94 million was sent from Gospel for Asia Canada to India. However, Gospel for Asia’s Indian affiliates have no record of receiving funds from Canada during that period. Gospel for Asia Canada denies the allegations. Toronto Star Article

Additionally, on October 6, 2015, Gospel for Asia US had its membership revoked for standards breaches in the US organization, the Evangelical Council for Financial Accountability (ECFA). Christian Today Article

Most recent information: In 2016 Charity Intelligence tried repeatedly but unsuccessfully to get more recent information to update this report on Gospel for Asia. In 2017 Charity Intelligence received the most recent audited financial statements from Canada's Charities Directorate which are for 2014! While this information is outdated, it is the most recent information available.

Financial Review:

With annual donations of $18 million in F2014, Gospel for Asia Canada is one of Canada's Major 100 charities. In F2014, Gospel for Asia Canada’s administrative costs were 4% of revenues. Its fundraising costs were 5% of donations and are taken from the charity’s T3010 CRA filing. For every dollar donated, 91 cents go towards GFA’s programs, falling with Ci’s reasonable range. It has $3m in funding reserves which cover 18% of annual program costs, showing a need for funding.

This charity report is an update that is being reviewed by Gospel for Asia. Changes and edits may be forthcoming.

Updated on May 19, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending December
201420132012
Administrative costs as % of revenues 4.3%5.0%4.5%
Fundraising costs as % of donations 4.5%2.0%1.9%
Program cost coverage (%) 17.5%23.3%28.5%

Summary Financial Statements

All figures in $000s
201420132012
Donations 18,03417,42316,078
Investment income 222415
Total revenues 18,05717,44816,093
Program costs 17,23416,31713,840
Administrative costs 768868723
Fundraising costs 811346312
Cash flow from operations (757)(84)1,218
Funding reserves 3,0223,8043,942
Note: Ci has adjusted foreign exchange gain (loss) affecting revenues by $0 in F2014, ($4k) in F2013, and by $0.7k in F2012. Ci has adjusted amortization affecting program costs by ($60k) in F2014, ($66k) in F2013, and by ($70k) in F2012.

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